90kg+ Coffee Monster Under Semi Management

  • $800,000
,
  • Food / Beverage & Hospitality
  • Business Type

Overview

Listing ID: BF2017302682
  • Food / Beverage & Hospitality
  • Business Type

Details

Updated on October 20, 2021 at 9:33 pm
  • Listing ID: BF2017302682
  • Price: $800,000
  • Business Type: Food / Beverage & Hospitality
  • Summary: This hospitality business is geared towards operating at a very high level in a post covid world.

Description

This hospitality business is geared towards operating at a very high level in a post covid world.The cafe has great frontage, a takeaway pass directly onto the street and plentiful shared customer parking right in front of the shop. Customers visit daily and, in their droves, queueing throughout the day at the takeaway window for coffee, drinks and food; and at the main entrance for dining in, there is also a generous outdoor dining area to capture the overspill of dining in patrons which also allows for passers-by and those queueing along the takeaway window.Business is buzzing from the moment the machine is on until the last pour of the day, and at an average of 350+ customers per day there is a lot of opportunity to further upsell. The cafe has a compact kitchen which is designed for fast, volume production, this efficiency has a knock-on effect with staffing the operation, as wages can be maintained at less than 25% of revenue. Fixed costs are low too, the rental is less than 3% of turnover; and being compact energy costs are also kept in check. This is an attractive business model, and the new owner will also benefit from inheriting an established crew.This cafe has maintained growth throughout Covid and has been able to adapt and thrive no matter what restrictions have been implemented; this will give the buyer great confidence of a return on investment something which very few hospitality businesses can boast.As a hospitality business investment this offers incredibly low risk.CAFE HIGHLIGHTS:Under semi managementWages are less than 25% of revenue!Coffee 90kg+ per weekHighly profitableCAFE STRENGTHS:Current Revenue $28k to $30k per weekRental less than 3% of turnover!Easy to staff operationTakeaway Pass onto the streetLEASE AND RENT:Lease Expiry Date: 1 February 2025Option: additional option to renew for Three (3) yearsMonthly Rental: $3,207 plus GSTImpeccably curated and fully systemised turnkey businessGrease trap and mechanical exhaust in situ.CAFE POTENTIAL:* Upside for a full-time owner operator* Established business – extensive customer base* Increase trading hours* Offer deliveryExperienced operator sought-afterCall Barn on 0409 444 555 to discuss

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